Examlex
A bond is a(n)
Breach of Contract
The violation of a contractual obligation by failing to perform one's own promise, by impeding another party's performance, or by inducing another party to breach.
Statute of Frauds
A legal principle requiring certain contracts, such as those for the sale of land, to be in writing to be enforceable.
Verbal Contract
A legal agreement made through spoken words instead of written documentation, though harder to prove.
Indefinite Period
A time span without a specified end date, characterized by an absence of defined duration.
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